Collaboration Between Conflux and Protofire to Address the Blockchain Trilemma

Conflux and Protofire have joined forces to tackle the blockchain trilemma, a significant challenge in the world of decentralization. This collaboration aims to achieve scalability and security by enhancing Conflux’s Tree-Graph consensus mechanism. With the help of Protofire, Conflux is dedicated to resolving the blockchain trilemma.

Protofire’s seasoned team of developers will lend their expertise towards Conflux’s ambitious global undertaking by managing the technical aspects of the decentralized ecosystem.

“We are thrilled to announce an upcoming alliance with Protofire. This pivotal collaboration will serve as a gateway for integrating top-tier blockchain developers into the Conflux ecosystem. From now on, this will enable seamless collaboration between our team and external ecosystem developers, as we can jointly develop transformative projects with Protofire experts.”—Dora Jiang, our Global Business Development Lead

Meet Protofire – A Group of Blockchain Enthusiasts

Protofire is a team of blockchain experts who are dedicated to developing decentralized technology. They specialize in a range of areas including smart contract development, dApp creation and tools, Web3 and Web2 project integration, and DevOps and Auditing services. Protofire prides itself on its ability to increase TVL growth for various protocols and networks at any stage of development.

Protofire: A Partner of The Graph and a Leader in Blockchain Development

For more than three years, Protofire has been a trusted partner of The Graph, having successfully implemented over 50 subgraphs and actively participating in the platform’s development sessions. Protofire’s impressive portfolio includes renowned projects such as Solhint, Cowswap DEX, and Swarm Markets DEX, as well as Safe wallets for Moonbeam, Astar, Evmos, Oasis, and Thundercore, among others. Notably, the team has been recognized as Filecoin’s core development partner and has been appointed as one of the 8 Wardens on Avalanche. Additionally, Protofire’s performance on the Bifrost Testnet has earned them the top rank among 143 validators.

Furthermore, Protofire’s proficient core development team will provide support for this ambitious worldwide initiative by managing the technical aspects of the decentralized ecosystem.

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The collaboration between KEKKAI and Conflux aims to cultivate a secure Web3 environment on the Conflux network. By enhancing coordination and implementing comprehensive security programs, they strive to strengthen overall ecosystem security.

KEKKAI is a free anti-scam tool designed for Web3 users. Its mission is to create a “safe and secure Web3 for everyone.”

In the realm of Web3, which includes NFTs and metaverses, fraud and theft have emerged as major concerns. In 2022, the industry suffered approximately $3.8 billion in damages, a 289% increase compared to the previous year. Addressing this issue is crucial for the future growth of the market.

The KEKKAI Ecosystem

Introducing KEKKAI, a free browser extension specifically designed to prevent damages of this nature. Before executing any transactions, KEKKAI simulates the transactions within its system and provides clear results. Countless fraud cases arise when users unknowingly engage in fraudulent transactions themselves. To tackle this issue, KEKKAI warns users whenever dangerous operations or contracts are detected, effectively preventing potential scams.

Benefit of KEKKAI

• Enjoy Web3 with peace.
• Emphasis on even tiny user experience
• All wallet supported.
• Multichain supported.
• Trusted by partners.

KEKKAI can detect complex smart contracts and potential issues prior to trade execution, allowing KEKKAI to display expected trade outcomes before finalizing the trade. Assuming that you know the details of the transaction, you can carry it out with peace of mind

Conflux Network

Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols.

Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.

As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. Conflux has collaborated with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.

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Conflux blockchain is among the growing number of public chains supported by dappOS, including BNB Chain, Avalanche, Polygon, Optimism, KCC, and Kava. With over 100 dApps within the Conflux ecosystem, dappOS eagerly looks forward to contributing to and fostering in-depth cooperation with other Conflux-based dApps.

Conflux, with its recently migrated hybrid PoW/PoS consensus, offers a fast, secure, and scalable blockchain environment. It ensures smooth operations, minimal fees, and enhanced network security. As the sole regulatory-compliant public blockchain in China, Conflux presents a distinct advantage for projects venturing into Asia. Collaborations with renowned global brands and government entities in the region, such as the city of Shanghai, McDonald’s China, and Oreo, further solidify Conflux’s position.

Over the past 6 months, dappOS has successfully established extensive partnerships with leading projects like GMX, Pangolin, and Benqi. With dappOS’s innovative solution, Conflux dApp users can enjoy a simplified workflow and seamless execution across different chains, without incurring additional gas fees. Exciting joint marketing activities between dappOS and Conflux are on the horizon.

ABOUT Conflux Network

Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security. As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. Conflux has collaborated with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.

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ABOUT dappOS

dappOS is an operating protocol that manages crypto infrastructures for users. Anyone can access dapps without complicated workflow or crypto knowledge.

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With a shared goal of fostering a security-first approach throughout the development lifecycle, Code4arena will be working together to empower developers and projects building on Conflux.

Empowering Conflux projects

There are two key ways Code4rena will be teaming up with Conflux to bring security front-of-mind from the get-go:

• streamlined access to security solutions.
• technical workshops

Projects building on Conflux now have a clear path to follow to facilitate a comprehensive security design. By working closely with the Code4rena team, they’ll be able to tap into the vast collective knowledge of C4’s security experts. Audits, test coverage, mitigation reviews — whichever security solution they need for where they’re at in their development timeline — they’ve got it covered. As part of the collaboration, all of these options can be started in as little as 48 hours.

When it comes to technical workshops, the goal is to provide Conflux devs with real-world examples tailored to the ecosystem. It will strengthen their understanding of what best-in-class security looks like. Experienced security professionals from the Code4rena community will be providing teams with the knowledge needed to secure their project, whether they’re at the most grassroots ideation stage or ready to execute a full-blown launch.

ABOUT Conflux

Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.

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ABOUT Code4arena

Code4rena is a competitive audit platform that finds high-severity vulnerabilities, more quickly than any other auditing method. Code4rena is designed to protect your project and community. It provides access to the best security researchers and smart contract experts in the world.

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Halo Wallet is a secure and easy-to-use Web3 wallet bringing together tokens, NFTs, and dApps in one seamless, high-performance experience. Besides, with expansion to the SocialFi ecosystem, Halo Wallet is committed to giving ordinary users the opportunity to break through the media noise and identify high-quality investment targets.

History of Conflux Network

Launched in 2018, Conflux Network aims to provide a high-performance, permissionless platform that enables developers to build and deploy decentralized applications (dApps) with ease, while ensuring a seamless user experience for the global community. With a focus on fostering innovation and collaboration, Conflux has established strategic partnerships with various industry leaders to drive the adoption of blockchain technology across multiple sectors.

The integration between Halo and Conflux

With the integration of Conflux, Halo Wallet gives users easy access to all Conflux native assets, enabling all users to send, receive and store CFX and CRC-20 tokens directly in the wallet. Halo Wallet has completed the full integration of the Conflux ecosystem on both mobile and PC, providing users with the chance to explore the promising dApps built on Conflux and track real-time assets in a unified manner from all devices.

“By providing a scalable, secure, and user-friendly platform, Conflux aims to empower developers and users to unlock the full potential of blockchain technology. We are thrilled to work with Conflux to provide all our global users with easy access to the full power of Web3 on the network. The Halo Wallet and Conflux integration will definitely go a long way. We will collaborate to not only accelerate DeFi mass adoption but also to achieve our aim of introducing DeFi to more elements of our lives.”—Jeff Haul, CEO of Halo Wallet

Through the integration of Conflux, Halo Wallet will serve as a strong and reliable infrastructure for the development of the Conflux ecosystem, providing users with a smooth experience in Web3 and DeFi fields. Stay tuned for more updates and developments as we continue to introduce more features and services that further enhance the user experience.

ABOUT Halo Wallet

Halo Wallet is a secure and easy-to-use crypto wallet that supports multi-chain aggregation and aims to provide Web3 users with a more efficient and deep insight into investment opportunities through Social web. With the leading security technology audited by Hacken, Halo Wallet is a self-custody wallet with users having full control of their assets.

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ABOUT Conflux Network

Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.

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Nucleon’s launch not only gave liquidity back to the Conflux community via its Liquid Staking (LSD) architecture and xCFX token, it’s played a significant role in increasing Conflux Network’s security through new CFX staking.

The LP emissions will be changed to the following weighting for the LP Pools:

• xCFX / NUT (28.57%)
• CFX / NUT (28.57%)
• CFX / xCFX (42.86%)
• The time of the new emission is set for 10 AM ET on March 14th, 2023

Nucleon aims to become the NO.1 PoS Pool on Conflux. Since Nucleon’s launch on January 31st of this year, we have become the most used staking pool in terms of unique staking addresses, and the second-largest PoS Pool by the amount of CFX staked! On top of that, Nucleon’s APY is the highest, due to the implemented auto-compounding mechanism!

Nucleon believes that the additional LP and the updated emission weightage will increase the liquidity and use cases for both xCFX and NUT, while Nucleon grows and continues to secure Conflux Network.

The platform also create new opportunities for all users to stake and interact with Nucleon. We will continue to collaborate with ecosystem partners like Swappi DEX and  Goledo and launch its own activities to increase the amount of staked CFX on Nucleon.

Nuleon’s goal is to solve the problems associated with Conflux PoS staking — illiquidity, immovability, and accessibility — making staked CFX liquid and allowing for participation with any amount of CFX to improve the security of the Conflux network.

Staking on Nucleon

When staking with Nucleon, users receive xCFX tokens on a 1:1 basis representing their staked CFX. Furthermore, xCFX balances can be used like regular CFX to earn yields and lending rewards, and are updated on a daily basis to reflect your CFX staking rewards. Note that there are no lock-ups when staking with Nucleon, and have minimum deposits of 1 CFX to decrease DDoS risks.

About Nucleon

Nucleon is a liquid staking solution for Conflux PoS backed by industry-leading staking providers. Nucleon lets users stake their CFX without locking assets or maintaining infrastructure.

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